VILNIUS, Lithuania, Dec. 27, 2024 /PRNewswire/ -- BingX, a global leading cryptocurrency exchange, is excited to announce the launch of ALTCOIN Index, the first futures trading pair involving top altcoins. This innovative trading product offers users a one-click solution to efficiently track and trade major cryptocurrency trends with ease.
Traditionally used in stock markets, a futures index is a financial derivative that tracks the performance of a group of assets, such as stocks of commodities. These instruments were first introduced to simplify trading by allowing investors to speculate on or hedge against the collective movements of selected market sectors. Instead of purchasing individual stocks, traders are able to access broad market exposure in a single transaction, saving time and reducing costs.
In the cryptocurrency market, this new ALTCOIN/USDT futures trading pair works similarly by bundling the performance of the top mainstream cryptocurrencies by market capitalization, excluding Bitcoin (BTC) and stablecoins. The current index includes ETH, XRP, SOL, BNB, DOGE, ADA, TRX, AVAX, and SHIB. This approach is more efficient compared to buying individual cryptocurrencies or ETFs as this allows for direct speculation using tiered leverage options without the need to manage multiple positions, effectively diversifying trading risks associated with individual asset volatility.
Vivien Lin, Chief Product Officer of BingX, commented on the new offering: "By aggregating a range of leading cryptocurrencies into a single trading instrument, we're giving users a practical and efficient way to better capture market trends. This index trading pair should help our less experienced users with their trading goals more easily, particularly when they are unsure which asset to trade and just want to trade major altcoins in general with leverage."
BingX users can take advantage of tiered leverage options and competitive rates consistent with the platform's perpetual futures terms, simplifying open order management and enhancing trading efficiency. The platform also ensures that the index composition remains current, with regular quarterly adjustments and temporary updates in response to market conditions.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 10 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
BingX Introduces ALTCOIN Index Futures Trading: One Click, Countless Trends
LOS ANGELES, Dec. 27, 2024 /PRNewswire/ -- CASEKOO a trailblazer in premium smartphone accessories, is proud to announce the unveiling of its highly anticipated new X Series phone cases, breathing new life into the smartphone accessories market. These special-edition products feature a unique "RoseParade" theme, masterfully combining the brand's innovative concept with the romantic vibe of the holiday season. Customers are invited to immerse themselves in the amorous atmosphere of the Rose Parade, showcasing a garden of flowers that captures an enchanting selection of charming, playful, and romantic designs, celebrating the magic and splendor of the holiday season.
With a deep understanding of consumers' desires for both style and emotional expression, CASEKOO's design team has meticulously crafted a collection of phone cases that exude irresistible charm. Each design is reminiscent of a blooming flower, each with its own unique emotion and narrative. These cases invite customers to celebrate the festive joy of roses and step into the magical world of a rose-themed celebration.
Within just one week of its release in China, the product garnered exceptional feedback, with live-stream sales reaching record highs. In addition, over 50 prominent influencers shared their reviews of the phone case last week, further boosting its popularity. This success is a testament of CASEKOO's years of dedication and effort. Over the past decade, CASEKOO has achieved remarkable growth, amassing a global user base of 17 million and expanding its presence to more than 20 countries. This expansion represents a natural evolution for the brand, building on its proven expertise in impact protection while offering new customization opportunities beyond the traditional series.
Being a prominent leader in the premium smartphone accessories market, CASEKOO's accessories seamlessly blend practicality with ornamental value. The Magic Stand, featured on the back of the accessory, is a patented ring stand developed by CASEKOO. It is designed to integrate effortlessly into the phone case while retaining strong magnetic functionality. The latest Pro Version offers full 360-degree rotation, providing complete flexibility to support the phone from any angle. With its durable yet adaptable design, the Magic Stand provides an ideal mix of comfort, support, and style, enabling you to multitask effortlessly, stay connected, and enjoy hands-free functionality when needed. It's designed to enhance your freedom to use your phone without any constraints.
Blending aesthetics with functionality, CASEKOO crafts every detail of its design to elevate and enhance the user experience. The phone case combines practicality with exceptional shockproof performance, enabling users to enjoy its sleek design without concerns over accidental drops. Rigorous drop tests conducted by SGS laboratories have verified its ability to deliver military-grade protection from heights of up to 16 feet. Additionally, raised edges safeguard the camera and screen, ensuring they remain unscathed. This innovative design seamlessly blends robust protection and lightweight elegance, striking a perfect balance between style and functionality.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
CASEKOO Unveils New X Series Phone Cases with Enchanting "RoseParade" Theme
